oldfart
Older than dirt
Does this mean we can have a serious discussion about cuts now?
always....but the smoke screen for raising rates on the 'rich' as anything but red meat is not serious.
let me ask a question; what amount of revenue is obama looking for? he NOW says 1.6 trillion on 10 years...so, 160 Bn a year, thats how much over what he asked last year? Double, last year during the late summer they were dealing on a cut to the deficit of $4 trillion over 10 years, and a revenue plan revenue for $800 billion.......now, we are doubling that? Is that serious?
all you seem to hear of is the revenue needed from the evil rich rate increase, what about revenues from the Obama Care tax increases?
OK the federal budget is not the easiest thing in the world to read in the bathtub. Obama's proposal to cut the deficit by $4 trillion over ten years, COMPARED TO THE BASELINE was for $800 billion of revenue increases and about $2.50 dollars of spending cuts for every dollar of revenue increase, which by my math is about two trillion if spending cuts. That's short a trillion, some adjustmets are necessary to meet the goal. If we raise the revenue goal to $1.6 trillion, and keep the spending cuts the same we are at $3.6 trillion.